Ades Family Foundation Inc is a private foundation focused on Education, based in Hallandale Beach, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $19.7M in total assets. In 2024, it awarded 12 grants totaling $1.3M. Net investment income was $662K.
Key facts about Ades Family Foundation Inc
- EIN
- 85-2853438
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $1,263,954
- Grants made (2024)
- 12
- Average grant
- $105,330
- Median grant
- $11,750
- New grantees (estimate)
- 50% first-time grantees (6 of 12, 2024)
- Total assets
- $19,680,281
- Primary geography
- Florida (93% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Ades Family Foundation Inc funds
By grant dollars, the top recipient states for Ades Family Foundation Inc's 12 itemized 2024 grants were Florida (93%) and District of Columbia (6%). The most frequent recipient cities were Miami, FL (3 grants), Sunrise, FL (2 grants) and New York, NY (2 grants). None of its 12 grants with a stated purpose were described as general or operating support. Recurring purposes include "Charitable Donation" (12 grants).
Is Ades Family Foundation Inc open to new grantees?
50%
first-time grantees, 2024
In 2024, 6 of 12 grantees (50%) were first-time recipients. First grants averaged $181K; repeat grants $30K. How we count
Medians: $12K first-time, $25K repeat.
- 42% of 2024 grantees were also funded in 2023. Method
- Giving grew 1794% from 2021 to 2024. Method
- In 2024 it paid out 363% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2021–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Ades Family Foundation Inc
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$19.7M
+13.6% YoY
Annual Giving
$1.3M
+420.2% YoY
Grant Count
12
-7.7% YoY
Avg Grant Size
$105K
+463.6% YoY
Under IRS private-foundation payout rules, Ades Family Foundation Inc reported a distributable amount of $372K for 2024 — the minimum it must pay out in qualifying distributions.
About Ades Family Foundation Inc
Based on IRS filings
Ades Family Foundation Inc is a private foundation focused on Education, based in Hallandale Beach, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $19.7M in total assets. In 2024, it awarded 12 grants totaling $1.3M. Net investment income was $662K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 12 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $19,680,281 | $17,322,714 | $17,012,397 |
| Revenue | $3,888,798 | $1,007,353 | $2,255,104 |
| Expenses | $1,525,124 | $533,449 | $662,448 |
| Qualifying Distributions | $1,350,509 | $526,985 | $1,177,470 |
| Net Investment Income | $661,690 | $617,119 | $2,255,104 |
| Distributable Amount | $372,457 | $375,023 | $345,578 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
38 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Sociedade Ben Israelita ($1,000,000), American Israel Education ($75,000), Michael-Ann Russell JCC ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SOCIEDADE BEN ISRAELITA Sao Paulo Brazil, FL | CHARITABLE DONATION | $1,000,000 |
| AMERICAN ISRAEL EDUCATION Washington, DC | CHARITABLE DONATION | $75,000 |
| MICHAEL-ANN RUSSELL JCC Miami, FL | CHARITABLE DONATION | $50,000 |
| HILLEL SCHOOL OF TAMPA Tampa, FL | CHARITABLE DONATION | $50,000 |
| OPENDOR MEDIA Sunrise, FL | CHARITABLE DONATION | $40,000 |
| JEWISH LEADERSHIP ACADEMY Miami, FL | CHARITABLE DONATION | $13,500 |
| PRIZMAH New York, NY | CHARITABLE DONATION | $10,000 |
| CENTRO JUDAICO DE MIAMI INC Miami, FL | CHARITABLE DONATION | $10,000 |
| JEWISH ADOPTION AND FOSTER CARE Sunrise, FL | CHARITABLE DONATION | $5,000 |
| FLORIDA CHESED NETWORK Boca Raton, FL | CHARITABLE DONATION | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Daniel Ades | President | 1 | — |
| Gisela Ades | Secretary | 1 | — |
| Carlos Felipe Lemos | Vice Preside | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Ades Family Foundation Inc?
Ades Family Foundation Inc is a private foundation focused on Education, based in Hallandale Beach, FL. It holds $19.7M in total assets as of 2024.
How large is Ades Family Foundation Inc?
As of 2024, Ades Family Foundation Inc holds $19.7M in total assets with $3.9M in annual revenue. It awarded 12 grants totaling $1.3M in 2024.
Where does Ades Family Foundation Inc operate?
Ades Family Foundation Inc has awarded grants in California, District of Columbia, Florida, Massachusetts, New Jersey, New York, Virginia.
What size grants does Ades Family Foundation Inc award?
In 2024, Ades Family Foundation Inc awarded 12 grants totaling $1.3M — an average of about $105K per grant, based on its IRS Form 990 filings.
How much is Ades Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ades Family Foundation Inc reported a distributable amount of $372K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ades Family Foundation Inc's EIN?
Ades Family Foundation Inc's EIN (Employer Identification Number) is 85-2853438. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.